Sunday, November 6, 2016

Elon Musk promotes universal basic income

"Musk’s Tesla Motors is leading the way to self-driving cars, while also pushing factories to new levels of automation. And he thinks that workers displaced by those and other forms of automation will need help permanently, and on a broad scale.
'I think that there’s a pretty good chance we end up with a universal
basic income, or something like that, due to automation,' Musk said. 'I’m not sure what else one would do.'

The Universal Basic Income concept has gained broad traction in
recent years, particularly in the tech community. The idea is that all
citizens would receive a small regular stipend—enough to cover basic
housing and food needs, but little more."

This is gaining traction but is still years away. We also need to switch to single payer insurance like the rest of the world, and cheaper higher education. Maybe if we didn't spend as much as the rest of the world on defense, we could afford such things?